CryptoNews

South Koreans Report Over $98 Billion in Overseas Crypto Assets – Taxes Bitcoin News

September 21, 2023
South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandatory reporting requirement for financial assets held abroad. Almost 1,500 South Korean Firms and Individuals Declare Foreign Crypto Accounts South…
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Cleantech & EV'sNews

BMW stops selling all its motorcycles in US except for electric motorcycles

September 21, 2023
BMW Motorrad has issued a “stop sale” notice for all of its internal combustion engine motorcycles in the US. The notice covers both new and used models, and specifically lists the BMW CE 04, an electric motorbike, as the only model still for sale from the company’s dealers. The issue appears to be related to the fuel system in BMW’s motorcycles, and is likely to be a problem that has…
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CryptoNews

Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud – Legal Bitcoin News

September 21, 2023
A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $1.5 million, according to the U.S. Justice Department. Ex-Deutsche Bank Investment Banker Pleads Guilty The U.S. Department of Justice (DOJ) announced…
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Cleantech & EV'sNews

A new 1 GW solar cell factory is launching in South Carolina

September 21, 2023
Canadian solar cell and panel maker Silfab Solar is opening a flagship $150 million solar cell factory in South Carolina. The 785,000-square-foot factory’s annual production capacity will include 1 gigawatt (GW) of cell production capacity and 1.2 GW of additional panel production capacity. Silfab Solar’s York County factory is expected to create more than 800 jobs. The South Carolina…
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